18.04.2015 Views

Evaluating Alternative Operations Strategies to Improve Travel Time ...

Evaluating Alternative Operations Strategies to Improve Travel Time ...

Evaluating Alternative Operations Strategies to Improve Travel Time ...

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

SHRP 2 L11: Final Report<br />

deal with unreliability. It is desirable if agencies focus on reporting and evaluating the Planning-<br />

<strong>Time</strong> Index since this measure is better unders<strong>to</strong>od by engineers.<br />

<strong>Travel</strong>-time reliability performance measures also play a key role in evaluating the effectiveness of<br />

ITS strategies used <strong>to</strong> provide traveler information and reduce congestion. In a funding-restricted<br />

environment, it is important that agencies wisely invest their scarce resources on ITS technologies<br />

that will improve the system performance and capacity at a minimum cost. With the performance<br />

measure indexes, and effective <strong>to</strong>ols <strong>to</strong> forecast them, agencies will be able <strong>to</strong> quantify the impact<br />

of the deployed ITS technologies and, therefore, prioritize investments in the future.<br />

Appendices B and C present an approach <strong>to</strong> determining the economic value of<br />

improving travel-time reliability. In this approach, uncertainty is converted <strong>to</strong> a<br />

certainty-equivalent measure in order <strong>to</strong> use conventional evaluation methods <strong>to</strong><br />

place a value on the cost of unreliability. The certainty-equivalent measure is a<br />

method that allows us <strong>to</strong> express the value of reliability in terms of the increase in<br />

the average travel time a person would accept <strong>to</strong> eliminate uncertainty. The value<br />

of reliability can be derived for multiple user groups or market segments by<br />

applying a separate value of time that corresponds <strong>to</strong> each user group along with<br />

the observed average volume for each user group on the roadway segment. The<br />

<strong>to</strong>tal value of reliability is then computed as the sum of the reliability values for<br />

each user group on the highway segment. The concept for calculating the value of<br />

travel-time reliability is illustrated in Figure 7.1.<br />

Figure 7.1Appendix D provides an example of this methodology based on actual data from Seattle,<br />

Washing<strong>to</strong>n. This example determines the economic benefits of improving travel-time reliability<br />

through the implementation of ramp meters under recurring congestion. In this example, the<br />

uncertainty arising from recurring congestion is converted <strong>to</strong> a certainty-equivalent measure in<br />

order <strong>to</strong> use conventional evaluation methods <strong>to</strong> place a value on the cost of unreliability.<br />

Existing Stakeholder Roles and Responsibilities<br />

The following is an overview of the various stakeholders and what they are currently doing <strong>to</strong><br />

improve travel-time reliability.<br />

USDOT<br />

• Reliability policies have been established <strong>to</strong> promote the importance of reliability as a<br />

key performance measure and promote its implementation by agencies.<br />

• Limited performance-measures data are being collected.<br />

• Funding for reliability research and improvements has been provided.<br />

State DOTs<br />

• Very limited congestion-based facility <strong>to</strong>lling has been implemented.<br />

• Ramp-metering is much more common than <strong>to</strong>lling and congestion pricing; bottleneck<br />

elimination also contributes <strong>to</strong> boosting reliability.<br />

• Some performance-measures data are available for some of the state roadways, but<br />

there is limited reporting of this data.<br />

• Some truck lanes at ports of entry and weigh-station bypass lanes are provided.<br />

• <strong>Travel</strong>er information is provided using various delivery methods.<br />

A CONCEPT OF OPERATIONS Page 101

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!